28, BOUNDARY DRIVE, MORPETH, NE61 2RX - £292,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

28 BOUNDARY DRIVE is a small detached house of 115m², built sometime between 1996 and 2002. It was last sold for £292,500 in July 2016, which was around 18% above the average July 2016 detached price in the Northumberland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

28 BOUNDARY DRIVE Sold Prices

Land registry data shows two sales for 28 BOUNDARY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 28 BOUNDARY DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 21 JUL	£292,500	£248,789	18% above HPI
1996 30 MAY	£112,950	£80,928	40% above HPI

28 BOUNDARY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 28 BOUNDARY DRIVE sales from May 1996 and July 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 1996 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the July 2016 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 28 BOUNDARY DRIVE?

28 BOUNDARY DRIVE is 115m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses in Morpeth, based on EPC data. The below chart shows the distribution of detached houses by size in Morpeth, and where 28 BOUNDARY DRIVE lies on this distribution: 38% of detached houses are smaller than 28 BOUNDARY DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Morpeth.

28 BOUNDARY DRIVE: Plot and Title Map

28 BOUNDARY DRIVE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 28 BOUNDARY DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 28 BOUNDARY DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 28 BOUNDARY DRIVE?

28 BOUNDARY DRIVE is located in MORPETH, in the NE61 postcode district. The below map shows the position of No. 28 on BOUNDARY DRIVE.